Turkish deep-sea scrap import prices continue to slide on lack of demand for finished steel

Turkish deep-sea scrap import prices continued to fall on Wednesday May 18, due to limited demand from Turkish steelmakers, which have now been struggling to sell their finished steel for more than a week, sources told Fastmarkets.

The Turkish steelmakers have now been absent from the market since last Tuesday, when the most recent deep-sea transactions took place.

Late on May 10, a steel mill in the...

Published

Cem Turken

May 18, 2022

15:31 GMT

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